Tag: Funding

  • Elon Musk’s xAI Secures $6 Billion in Series B Funding

    Elon Musk’s xAI Secures $6 Billion in Series B Funding

    Elon Musk’s artificial intelligence company, xAI, has successfully completed a Series B funding round, raising $6 billion from  prominent investors including Valor Equity Partners, Vy Capital, Andreessen Horowitz, and Sequoia Capital. The investment signals a milestone in the company’s mission to develop advanced AI systems that prioritize truthfulness, competence, and human benefit. The newly acquired…